1220 Ellwood Ave SWCantonOH44710
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Canton at 1220 Ellwood Ave SW, Canton, OH, 44710 offers a 10.3% rental yield on a $187,500 purchase with $1,609/mo rent. Total monthly income registers $1,609/mo, and a $918/mo payment leaves $375/mo available for distribution. Annual cash flow reaches $4,504/yr on $62,156 to close, and return on cash invested stands at 27.16% in year one. Equity gained on principal adds $1,210/yr while 5% annual appreciation supports $51,803 over five years. Portfolio math shows five-year ROI at 142.26% and total cumulative return in cash at $88,423. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,609/mo property income against a $918/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44710, Canton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,084 (100%) |
| Owner Occupied HU | 2,167 (53.1%) |
| Renter Occupied HU | 1,667 (40.8%) |
| Vacant Housing Units | 250 ( 6.1%) |
| Median Home Value | $91,486 |
| Average Home Value | $114,841 |
Housing Distribution
Address Breakdown
Residential
3,976
Single Family
3,600
Multi-Family
376
Businesses
88
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